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The winner of this year's Sustainova Startup Challenge in Saudi Arabia has a message for the rest of the world: "If you want to save the planet, you have to start now."
The startup contest, organized by venture capital firm Risin Ventures in partnership with the country's Ministry of Environment, gave top honors to Verofax: A "groundbreaking solutionrevolutionizing industries' approach to decarbonization through a validated marketplace for green commodities," per a press release.
Runner-up Verofax: Tackling desertification and pollution challenges while aiming to plant 10 billion trees by 2030 through innovative tracking systems and ambitious initiatives like the Saudi Green Initiative. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
There's been a huge shift in philanthropy in Africa over the last few years, and it has nothing to do with international donors. Instead, community-based organizations (CBOs) are taking the lead...more
The world's richest people are putting their money where their mouth is. According to the Giving Pledge, a global tracker of philanthropy, the world's richest peoplethose with at least $1 million...more
Foundation: Gates Foundation
The Hong Kong Jockey Club has donated nearly $10 million to the World Health Organization to help people affected by climate change, the South China Morning Post reports. According to the...more
If you've ever wondered what it's like to be Vladmir Putin's right-hand man, well, you're in luck. The Russian strongman, who took over as head of the country's Central Intelligence Agency in...more
"In the digital age, where technology plays a pivotal role in shaping societal norms, Bitcoin is emerging as a powerful tool for charitable giving." That's the takeaway from an agavecoin.io post...more
MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, has pledged to give away 99% of her fortune. The 47-year-old author and philanthropistwho agreed to give away most of her Seattle-based...more
When a 3-year-old girl was found dead in her family's South Australian home last week, her parents made an unusual request: She should be put in a foster home. Instead, the girl was taken to a...more
The world's most expensive jewelry item is set to hit the market in 2024, but it's not just any jewelry that's going to set you back $1.8 million. Anita Mai Tan's "Cigar Dragon Box," which she...more
"As a new mother, I knew I had to do something to create a better world for my child's future generations." That's what 29-year-old Malaysian woman Saila Saidie says she wanted to do after she...more
An ex-beauty queen in Nigeria is putting her money where her mouth is. Tomi Lydia Salami, a social entrepreneur and former beauty queen, is holding an environmental awareness convention for high...more
Social Entrepreneurship
Spotlight
5 Steps to Social Innovation
While philanthropy, social responsibility and corporate governance all already play a role, we will probably see more powerful contributions when companies embed social innovation into their core business strategies and operations.
